LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

Lowe's Companies, Inc. (NYSE: LOW) announced a quarterly cash dividend of $1.05 per share, payable on Nov. 2, 2022. The record date for shareholders to qualify for this dividend is Oct. 19, 2022. This decision reflects the company's ongoing commitment to returning value to its shareholders amid approximately $96 billion in fiscal year 2021 sales.

Positive

• Quarterly dividend of $1.05 per share reflects strong shareholder value.
• Lowe's reported fiscal year 2021 sales exceeding $96 billion.

Negative

• None.

MOORESVILLE, N.C., Aug. 26, 2022 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and five cents ($1.05) per share, payable Nov. 2, 2022 to shareholders of record as of Oct. 19, 2022.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 19 million customer transactions a week in the United States and Canada. With fiscal year 2021 sales of over $96 billion, Lowe's and its related businesses operate or service nearly 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

LOW-IR

Contacts:	Shareholder / Analyst Inquiries:	Media Inquiries:
	Kate Pearlman	Steve Salazar
	704-775-3856	704-881-4272
	kate.pearlman@lowes.com	steve.j.salazar@lowes.com

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SOURCE Lowe's Companies, Inc.

FAQ

What is the Lowes dividend amount for 2022?

Lowe's has declared a quarterly cash dividend of $1.05 per share.

When will the Lowes dividend be paid?

The dividend will be paid on November 2, 2022.

What is the record date for Lowes dividend?

The record date to qualify for the dividend is October 19, 2022.

How often does Lowes pay dividends?

Lowe's typically pays dividends quarterly.

How does Lowe's dividend affect shareholders?

The dividend demonstrates Lowe's commitment to providing returns to shareholders.